NEW YORK — US authorities on Wednesday ordered Bank of America to pay $930,0000 to an employee who was fired after exposing fraud at the bank’s disgraced mortgage unit, Countrywide Financial. The US Labor Department said in a statement...

Initial US weekly jobless claims surged to 417,000 last week, dimming hopes of an imminent recovery in the jobs market, the US Labor Department said on Thursday. New claims for unemployment insurance rose in the week to January 20 from a revised...